GenMont Biotech Stock Forecast - Accumulation Distribution

3164 Stock  TWD 20.40  0.10  0.49%   
GenMont Stock Forecast is based on your current time horizon.
  
On November 6, 2024 GenMont Biotech had Accumulation Distribution of 3826.09. The accumulation distribution (A/D) indicator shows the degree to which GenMont Biotech is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of GenMont Biotech to determine if accumulation or reduction is taking place in the market. This value is adjusted by GenMont Biotech trading volume to give more weight to distributions with higher volume over lower volume.
Check GenMont Biotech VolatilityBacktest GenMont BiotechTrend Details  

GenMont Biotech Trading Date Momentum

On November 07 2024 GenMont Biotech was traded for  21.55  at the closing time. The highest price during the trading period was 21.65  and the lowest recorded bid was listed for  21.45 . The volume for the day was 141.3 K. This history from November 7, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.47% . The overall trading delta to the current price is 0.23% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare GenMont Biotech to competition

Other Forecasting Options for GenMont Biotech

For every potential investor in GenMont, whether a beginner or expert, GenMont Biotech's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GenMont Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GenMont. Basic forecasting techniques help filter out the noise by identifying GenMont Biotech's price trends.

GenMont Biotech Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with GenMont Biotech stock to make a market-neutral strategy. Peer analysis of GenMont Biotech could also be used in its relative valuation, which is a method of valuing GenMont Biotech by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

GenMont Biotech Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of GenMont Biotech's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of GenMont Biotech's current price.

GenMont Biotech Market Strength Events

Market strength indicators help investors to evaluate how GenMont Biotech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GenMont Biotech shares will generate the highest return on investment. By undertsting and applying GenMont Biotech stock market strength indicators, traders can identify GenMont Biotech entry and exit signals to maximize returns.

GenMont Biotech Risk Indicators

The analysis of GenMont Biotech's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in GenMont Biotech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting genmont stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for GenMont Stock Analysis

When running GenMont Biotech's price analysis, check to measure GenMont Biotech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GenMont Biotech is operating at the current time. Most of GenMont Biotech's value examination focuses on studying past and present price action to predict the probability of GenMont Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GenMont Biotech's price. Additionally, you may evaluate how the addition of GenMont Biotech to your portfolios can decrease your overall portfolio volatility.